“A local meetup group of like minded people for the betterment of society.”
—Joe Valdez (Bitcoin4all) Follow us on Facebook @poconobitcoin
Bitcoin is a new system of digital money for the internet. Unlike the dollar, pound or euro’s, Bitcoin is not issued by any government. It is issued by an international network of computers according to an open source protocol that anyone can read. There are no bailouts for Bitcoin, it is a transparent scarce commodity. Unlike other currencies it cannot be created out of thin air.
“You want to own something that in a decade, someone richer than you and smarter than you would want to buy from you”
Michael Saylor
news
Issues to think about.
By Allissa Kline
What is Fractional-reserve banking ?
By wikipedia.org
Recent News and Opinion
Neil Oliver – An Archaeologist view on the history of money.
CNBC interview with Michael Saylor / February 12, 2024
Bitcoin Magazine reported on X
Opinion
On Jan 10th the SEC (Securities and Exchange Commission) approved eleven applications for a spot Bitcoin ETF (Electronically Traded Fund) This marks the acceptance of Bitcoin as a commodity that can now be used as a store of wealth. As stated by Larry Fink, Bitcoin is an alternative to Gold and subsequently would be a product that can be used during times of global uncertainty. I also view Bitcoin as an alternative to the dollar. The American government has the ability to create money out of thin air which in turn causes inflation. The more dollars in circulation, the less valuable they are. Bitcoin is a digital scarce monetary network that has no CEO and no board of directors. Learn about Bitcoin and free yourself from a life of fiat slavery.
How do we preserve our purchasing power?
“Digital currency is coming, banks are downsizing. Its time to prepare”
— Joe Valdez